International Sugar Organisation:
India is hosting a global event in sugar sector ‘International Sugar Organisation (ISO) Council Meeting’ in New Delhi from 25th till 27th June, 2024.
- International Sugar Organisation is an inter-governmental bodycompletely devoted to improving conditions in the world sugar market.
- It was established in 1968 and it is also a UN affiliated body.
- It has about 85 countries as members covering almost 90% of sugar production in the World.
- It is mandated to bring major sugar producing, consuming and trading nations together to bring mutual understanding and progressive approach in dealing with issues pertaining to the sugar sector.
- It has also been working on biofuels, especially ethanol as sugarcane is the second major feedstock for ethanol production in the world.
- The ISO exists to administer the internationally negotiated 1992 International Sugar Agreement (ISA), the objectives of which are:
- To ensure enhanced international cooperation in connection with world sugar matters and related issues.
- To provide a forum for intergovernmental consultations on sugar and on ways to improve the world sugar economy.
- To facilitate trade by collecting and providing information on the world sugar market and other sweeteners.
- To encourage increased demand for sugar, particularly for non-traditional uses.
- Headquarters: London
